SHE:300319 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	293.52	543.5	327.25	504.5	604.38	1,024
Short-Term Investments	185.38	303.71	555.57	509.22	57.86	-
Trading Asset Securities	509.63	466.81	431.48	181.12	437.85	326.02
Cash & Short-Term Investments	988.53	1,314	1,314	1,195	1,100	1,350
Cash Growth	-17.17%	-0.02%	10.00%	8.61%	-18.54%	148.75%
Accounts Receivable	1,474	1,553	1,312	1,076	943.2	1,116
Other Receivables	28.45	39.6	18.95	11.97	52.86	51.75
Receivables	1,503	1,593	1,331	1,088	996.06	1,167
Inventory	606.23	613.9	473.25	408.74	466.2	583.94
Prepaid Expenses	-	3.48	1.21	1.03	-	4.02
Other Current Assets	322.12	65.38	72.93	69.4	51.79	65.42
Total Current Assets	3,419	3,590	3,193	2,762	2,614	3,171
Property, Plant & Equipment	2,656	2,630	2,388	2,055	2,140	1,902
Long-Term Investments	46.82	543.97	654.81	601.51	36.6	35.42
Goodwill	289.18	289.18	264.05	264.05	264.05	264.05
Other Intangible Assets	150.61	153.12	84.69	88.74	80.9	80.98
Long-Term Deferred Tax Assets	87.7	87.8	76.04	75.1	70.19	64.12
Long-Term Deferred Charges	36.15	23	22.2	26.84	30.22	23.01
Other Long-Term Assets	656.66	140.61	112.09	103.42	398.51	149.49
Total Assets	7,343	7,458	6,794	5,977	5,635	5,690
Accounts Payable	1,707	1,840	1,428	1,099	1,020	1,174
Accrued Expenses	111.01	134.22	131.67	112.11	90.81	99.17
Short-Term Debt	86.3	116.14	269.92	65.55	1	155.73
Current Portion of Long-Term Debt	18.16	2.15	-	-	32.96	6.16
Current Portion of Leases	-	18.34	8.93	16.88	18.19	13.45
Current Income Taxes Payable	30.22	9.72	9.9	20.58	24.97	13.25
Current Unearned Revenue	8.78	9.12	6.89	4.94	5.78	9.44
Other Current Liabilities	95.57	85.63	83.58	122.95	147.71	152.47
Total Current Liabilities	2,057	2,215	1,939	1,442	1,341	1,624
Long-Term Debt	15.77	15.77	-	-	-	84.96
Long-Term Leases	44.82	48.54	25.26	14.53	36.86	29.9
Long-Term Unearned Revenue	228.86	232.92	217.31	209.91	174.11	120.04
Long-Term Deferred Tax Liabilities	2.25	2.28	1.78	0.53	0.99	0.82
Other Long-Term Liabilities	13.54	7.75	10.18	10.12	2.75	-
Total Liabilities	2,362	2,523	2,194	1,677	1,556	1,859
Common Stock	887.59	887.59	867.04	866.81	860.29	861.17
Additional Paid-In Capital	2,779	2,779	2,599	2,598	2,557	2,479
Retained Earnings	1,282	1,235	1,019	767.34	607.38	458.96
Treasury Stock	-	-	-	-50.6	-53.86	-57.14
Comprehensive Income & Other	-18.65	-17.15	-10.92	-0.16	0.14	-0.03
Total Common Equity	4,930	4,884	4,474	4,181	3,971	3,742
Minority Interest	51.18	50.68	126.29	118.92	107.98	88.45
Shareholders' Equity	4,981	4,935	4,601	4,300	4,079	3,831
Total Liabilities & Equity	7,343	7,458	6,794	5,977	5,635	5,690
Total Debt	165.06	200.95	304.11	96.96	89.01	290.2
Net Cash (Debt)	823.48	1,113	1,010	1,098	1,011	1,060
Net Cash Growth	-10.70%	10.18%	-7.99%	8.59%	-4.63%	-
Net Cash Per Share	0.93	1.27	1.16	1.28	1.19	1.36
Filing Date Shares Outstanding	887.59	887.59	867.04	866.81	860.29	861.17
Total Common Shares Outstanding	887.59	887.59	867.04	866.81	860.29	861.17
Working Capital	1,363	1,374	1,254	1,320	1,273	1,547
Book Value Per Share	5.55	5.50	5.16	4.82	4.62	4.35
Tangible Book Value	4,490	4,442	4,126	3,828	3,626	3,397
Tangible Book Value Per Share	5.06	5.00	4.76	4.42	4.22	3.94
Buildings	-	592.61	452.13	326.47	327.38	182.43
Machinery	-	3,098	2,650	2,432	2,285	1,787
Construction In Progress	-	305.47	412.12	210.59	205.34	443.13

Source: S&P Global Market Intelligence. Standard template. Financial Sources.